A referrals program is a marketing tactic that encourages the existing customers to recommend or we can say refer a brand to its friends and family which is also called word-of-mouth marketing in order to get extra income from that brand.
Referral programs benefits to businesses:
1) It will be less costly as compared to other marketing strategies to promote your brand
2) This will generate more satisfying customers.
3) It offers qualified sales leads
4) It increases sales revenue
Referral programs benefits to customers:
1) By doing referral marketing you will get a referral bonus for each and every referral.
2) You will get a very good referring amount if you choose the right platforms that offer a high referring amount.
3) You need not go anywhere instead you can do this by just sitting at your home.
4) You will automatically develop a salesperson skill which is one plus point.
5) It can be a very good and high source of income if you do it on regular basis.
Some of the companies that offering good quality of service and also provide good and high referral bonus are as follow:
1) Jobsdive - It is a US-based job portal that offers jobs in genuine companies and it provides a facility of a job referral program by jobsdive(that offers referring amount of $10 for each referral).
2) Fiverr- It is a freelance platform that also offers a good referring amount.
3) Godaddy- It is a domain and hosting provider company across the world which also offers a good amount to refer a friendSome of the companies that offering good quality of service and also provide good and high referral bonus are as follow:
affiliate marketing